Old faces re-emerge

Now that Guillaume Rambourg, former star manager at Gartmore, has announced he has been exonerated of possible wrongdoing by the Financial Services Authority, Gartmore’s former head of compliance, Gerry Harvey, has also re-emerged.

Now that Guillaume Rambourg, former star manager at Gartmore, has announced he has been exonerated of possible wrongdoing by the Financial Services Authority, Gartmore’s former head of compliance, Gerry Harvey, has also re-emerged. Harvey has been appointed compliance chief at interdealer broker Icap.

Those who can remember what was happening this time last year will recall Rambourg was first suspended by Gartmore, then reinstated as an analyst, then left the firm to concentrate on the FSA investigation. Harvey's departure from Gartmore was announced on the same day as Rambourg's reinstatement as an analyst. One wonders what the chances are of Rambourg - who is still contesting a fine levied by Italy's financial services regulator - getting a job at Icap, still less being interested in one.